TORONTO, Nov. 13,
2024 /CNW/ - Today, The Home Depot Canada
Foundation announced its projected achievement of raising over
$11 million by the end of 2024 in
support of the organization's mandate to support youth living with
or experiencing homelessness.
"Our efforts are focused on supporting this growing yet still
under funded issue that affects 35,000 to 40,000 youth in
Canada annually," said
Doug Graham, Board Chair of The Home
Depot Canada Foundation and Vice President of e-commerce and
marketing at The Home Depot Canada. "We remain committed to this
cause and will continue to raise awareness and educate Canadians on
the issue, aiming to slow down the cycle and provide the necessary
support to youth and families."
This year, the Foundation has seen momentum in fundraising
results through the support of partners, internal associates, and
communities. Programs like the Spring Orange Door Project campaign,
supported by our associates and customers, and events such as the
Spring Gala and Charity Golf Classic, backed by our vendor
partners, have raised significant funds, bringing the organization
closer to its goal of raising $125
million by 2030 to support at-risk youth and those facing
homelessness in Canada.
The Home Depot Canada Foundation has aligned its Team Depot
volunteer program to support organizations dedicated to preventing
and addressing this critical issue. Through Team Depot, associates
actively participate in community projects to refresh and repair
shelters, housing units, and centers that provide vulnerable youth
with safe and secure places to call home. In collaboration with our
customers and associates, The Home Depot Canada Foundation invests
over $10 million annually in 186
youth-serving charities across Canada, ensuring these vital services continue
to support those in need.
From November 12 to December 22,
2024, visit your local Home Depot Canada store to donate to
The Orange Door Project Campaign, which supports local
youth-serving charities across the country. And for the first time,
The Home Depot Canada Foundation will match total donations made on
Giving Tuesday, December 3, 2024.
As part of the campaign, the Foundation has partnered with
Raising the Roof for the fourth year to combat youth homelessness
in Canada through sales of its
signature toques. Funds raised will provide community grants to
renovate affordable housing units for at-risk youth. Donations can
be made at any Home Depot Canada store or online at
OrangeDoorProject.ca.
About The Home Depot Canada Foundation
The Home Depot Canada Foundation is committed to preventing and
ending youth homelessness in Canada. Through community partnership THDCF
works to remove systemic barriers youth face to foster healthy
pathways for change. The Home Depot Canada Foundation has
pledged $125M in support by 2030. Our
commitment will focus on enabling systemic change through
investments in three strategic pillars: expanding stable housing
for youth, providing quality wrap around community supports, and
increasing youth employment readiness.
For more information, visit: Homedepot.ca/Foundation
About The Home Depot
The Home Depot is the world's largest home improvement specialty
retailer. At the end of the second quarter, the company operated a
total of 2,340 retail stores and over 760 branches across all 50
states, the District of Columbia,
Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 465,000
associates. The Home Depot's stock is traded on the New York Stock
Exchange (NYSE: HD) and is included in the Dow Jones industrial
average and Standard & Poor's 500 index.
SOURCE The Home Depot of Canada Inc.
